Advait Infratech Limited, established in 2010 and transitioned from a private to a public entity in 2019, specializes in providing comprehensive products and solutions for power transmission, power substations, and telecommunication infrastructure. The company's operations span several key areas, including turnkey telecommunication projects, installation of power transmission and substation products, and liaison and marketing services for international clients. Additionally, it manufactures and supplies capital stringing tools essential for transmission line construction.
In 2021, Advait Infratech initiated an initial public offering (IPO) of 1,350,000 equity shares, priced at Rs. 51 each with a premium of Rs. 41, raising a total of Rs. 6.885 crore. This IPO facilitated an increase in the company's paid-up share capital from Rs. 3.75 crore to Rs. 5.1 crore, underscoring its growth trajectory in the industry.
